Answer: $230,000
Explanation:
Gross profit to be earned from project:
= Construction price - cost of construction
= 6,000,000 - 5,500,000
= $500,000
Percentage of costs incurred in 2017:
= 2,530,000 / 5,500,000 * 100%
= 46%
The Gross profit for 2017 is therefore:
= Percentage of cost incurred * total gross profit
= 46% * 500,000
= $230,000
Answer:
Equal Credit Opportunity Act
Explanation:
Equal Credit Opportunity Act prohibits discrimination against credit applicants, among other reasons, because of their age.
While the person granting the credit may request extra personal information, they cannot use that information to decide whether they will grant credit or to establish the terms of their credit.
<u>Answer:</u> HR professional
<u>Explanation:</u>
Human Resource professional is the person who assess the skills and abilities of the candidates that attends the interview process. The role of the HR professionals are recruiting, screening, interviewing and offering jobs.
Based on the requirements of the company the HR professionals carry out the selection process. On the completion of the recruitment process the HR professional tells the candidate that his skills and abilities are suitable for the position applied in the company. Once they are selected HR speaks about the compensation package for the job.
Answer:
The sales amount to be recorded in the above transactions is $24,990
Explanation:
Term 2/15, net 45 means there is a discount of 2% available on the sale amount to the customers who will pay withing 15 days after sale with net credit period of 45 days.
As Pound Co paid the invoice with the discount period so, they will be eligible to claim the discount.
Discount amount = 25,500 x 2% = $510
Net Sales amount = $25,500 - $510 = $24,990